Equinox Gold (ASE) (TSE:EQX) has released an update.
Equinox Gold Corp. has acquired full ownership of the Greenstone Mine by purchasing the remaining 40% from Orion Mine Finance, coupled with securing a US$500 million term loan to support this transaction. The company aims to transform Greenstone Mine into a low-cost, long-term gold mine in a prime mining region, with commercial production on the horizon. This move is expected to bring significant value to Equinox Gold’s stakeholders.
For further insights into TSE:EQX stock, check out TipRanks’ Stock Analysis page.
